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Bans Federal Digital Currency for Individuals
Recent Bills/Bans Federal Digital Currency for Individuals

Bans Federal Digital Currency for Individuals

IntroducedMarch 6, 2025
Passed House1 year ago
Intro
House
Senate
Pres
Awaiting Senate vote
Finance and Financial SectorBank accounts, deposits, capitalComputers and information technologyCurrencyDigital mediaFinancial services and investments
More:Bills That Passed the HouseEconomyHouse Bills
Why This Matters

This bill stops the Federal Reserve from offering digital currencies and financial services directly to individuals.

If you rely on banking services, this bill ensures the Federal Reserve cannot create a digital currency for personal use.
Who this affects
Individuals using banking services
What changes is this bill making?
  1. 1Federal reserve banks cannot offer financial services directly to individuals.
  2. 2This bill prevents the Federal Reserve from creating or issuing digital currencies.
  3. 3The Federal Reserve cannot use digital currencies for monetary policy.
  4. 4Individuals will not have accounts with Federal Reserve banks.
Read the detailed summary

Anti-CBDC Surveillance State Act This bill prohibits a Federal Reserve bank from offering products or services directly to an individual, maintaining an account on behalf of an individual, or issuing a central bank digital currency (i. e., a digital dollar). Further, the Board of Governors of the Federal Reserve System is prohibited from using a central bank digital currency to implement monetary policy or from testing, studying, creating, or implementing a central bank digital currency, with exceptions as provided by the bill.

Read full document

Last changed 3 months ago · checked hourly

Bill Progress3 of 4
Bills must pass the House, Senate, and be signed by the President to become law.
Intro
House
Senate
Pres
IntroducedMar 6, 2025
Sponsors
See all 136 sponsors
HouseJul 17, 2025
SenateCurrent

Awaiting Senate vote

President

The President

Donald Trump
President
Awaiting Vote
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